Uxin Ltd (NASDAQ:UXIN) has received an average rating of “Hold” from the six analysts that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $8.33.

UXIN has been the topic of several recent research reports. Zacks Investment Research upgraded Uxin from a “hold” rating to a “buy” rating and set a $5.00 price target on the stock in a research note on Friday, November 23rd. Goldman Sachs Group downgraded Uxin from a “buy” rating to a “neutral” rating and upped their price target for the stock from $9.10 to $9.30 in a research note on Friday, December 21st. JPMorgan Chase & Co. upgraded Uxin from a “neutral” rating to an “overweight” rating and cut their price target for the stock from $7.40 to $7.00 in a research note on Thursday, January 10th. ValuEngine downgraded Uxin from a “buy” rating to a “hold” rating in a research note on Monday, February 4th. Finally, Credit Suisse Group initiated coverage on Uxin in a research note on Tuesday, March 12th. They issued an “outperform” rating and a $7.70 price target on the stock.

Uxin stock opened at $3.70 on Tuesday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.65 and a current ratio of 1.65. Uxin has a twelve month low of $2.81 and a twelve month high of $10.49.

Several institutional investors have recently bought and sold shares of the stock. Hillhouse Capital Management Ltd. lifted its position in Uxin by 995.3% in the 4th quarter. Hillhouse Capital Management Ltd. now owns 22,250,160 shares of the company’s stock valued at $108,136,000 after acquiring an additional 20,218,735 shares in the last quarter. FMR LLC lifted its position in Uxin by 5.4% in the 3rd quarter. FMR LLC now owns 2,488,807 shares of the company’s stock valued at $16,899,000 after acquiring an additional 128,187 shares in the last quarter. Baillie Gifford & Co. lifted its position in Uxin by 402.6% in the 4th quarter. Baillie Gifford & Co. now owns 1,248,400 shares of the company’s stock valued at $6,067,000 after acquiring an additional 1,000,000 shares in the last quarter. Point72 Asset Management L.P. bought a new position in Uxin in the 3rd quarter valued at approximately $3,130,000. Finally, Penserra Capital Management LLC bought a new position in Uxin in the 4th quarter valued at approximately $2,071,000. Institutional investors own 39.91% of the company’s stock.

About Uxin

Uxin Limited, through its subsidiaries, operates an used car e-commerce platform in China. It operates Uxin Used Car, an application that provides consumers with customized car recommendation, financing, title transfer, delivery, insurance referral, warranty and other related services; and Uxin Auction, an application that helps business buyers to source vehicles through online auctions.

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